Calculating annual interest for tax return

jovial32

I have a nationwide account that pays interest annually in October each year and I'm trying to work out how much to declare for a particular year between 5 April each year.  So assuming it's for 2024/25 and it was paid in October 2024 - do I just count the proportion of the annual interest between April and October for that tax year?  Or does the whole amount count for that tax year?

FrugaiMacDugal

No breakdown for months, if you get the interest in October 2024, then that is in the 24/25 tax year.

Tax year is 6th April - 5th April.

masonic

As this is the ISAs and tax free savings section of the forum, it's worth mentioning that interest on ISAs and some other tax free savings products should be excluded from the figures you declare.

Ayr_Rage

As above, you declare what is paid in October.

Nationwide will provide a printed certificate of interest on request.

badger09

Ayr_Rage said:

As above, you declare what is paid in October.

Nationwide will provide a printed certificate of interest on request.

Or you should see the amount of interest credited, either online or on app. 

Keep_pedalling

Is this actually an ISA or have you accidentally posted your question on the wrong board?